SOLUTION CREDIT
ActiveSummary
The computed 12-month bankruptcy probability of SOLUTION CREDIT is 2.0% (moderate). The 2024 annual accounts show negative equity (-€27,175) and a net result of €445. Equity is shrinking by ~3.9% per year across the filed fiscal years. The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 6 accounts on average 112 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,632 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €68,299 | €64,900 | €42,446 | €53,066 | €57,398 | ▲ 8.2% |
| Non-recurring operating income76A | - | €7,266 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €61,582 | €37,751 | €47,924 | €52,912 | ▲ 10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,738 | - | - | - | - | - |
| Other operating charges640/8 | - | €10,047 | €1,757 | €1,326 | €474 | ▼ 64.3% |
| Gross operating margin9900 | €20,537 | €10,584 | €4,695 | €5,141 | €4,486 | ▼ 12.7% |
| Operating profit (loss)9901 | €11,088 | €537 | €2,938 | €3,815 | €4,012 | ▲ 5.2% |
| Financial charges65/66B | - | €6,651 | €2,494 | €1,533 | €857 | ▼ 44.1% |
| Recurring financial charges65 | €4,411 | €6,651 | €2,494 | €1,533 | €857 | ▼ 44.1% |
| Profit (loss) for the period before taxes9903 | €6,677 | -€6,114 | €444 | €2,282 | €3,155 | ▲ 38.3% |
| Income taxes67/77 | - | €2,705 | €1,151 | €1,998 | €2,710 | ▲ 35.6% |
| Profit (loss) for the period9904 | €6,677 | -€8,819 | -€707 | €284 | €445 | ▲ 56.7% |
| Profit (loss) for the period to be appropriated9905 | €6,677 | -€8,819 | -€707 | €284 | €445 | ▲ 56.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €44,603 | €16,800 | €8,896 | €6,944 | €6,774 | ▼ 2.4% |
| Fixed assets21/28 | €30,833 | - | - | - | - | - |
| Intangible fixed assets21 | - | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €30,688 | - | - | - | - | - |
| Financial fixed assets28 | €145 | - | - | - | - | - |
| Current assets29/58 | €13,770 | €16,800 | €8,896 | €6,944 | €6,774 | ▼ 2.4% |
| Amounts receivable within one year40/41 | €7,208 | €7,453 | €3,862 | €0 | - | - |
| Trade receivables40 | - | €7,453 | €3,862 | €0 | - | - |
| Cash at bank and in hand54/58 | €6,095 | €8,140 | €5,034 | €6,944 | €6,563 | ▼ 5.5% |
| Deferred charges and accrued income490/1 | - | €1,207 | - | - | €211 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €44,603 | €16,800 | €8,896 | €6,944 | €6,774 | ▼ 2.4% |
| Equity10/15 | -€18,378 | -€27,197 | -€27,904 | -€27,620 | -€27,175 | ▲ 1.6% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €688 | €688 | €688 | €688 | €688 | = |
| Non-distributable reserves130/1 | - | €688 | €688 | - | - | - |
| Reserves not available under the articles1311 | - | €688 | €688 | - | - | - |
| Distributable reserves133 | - | - | - | €688 | €688 | = |
| Profit (loss) carried forward14 | -€37,666 | -€46,485 | -€47,192 | -€46,908 | -€46,463 | ▲ 0.9% |
| Provisions and deferred taxes16 | €15,291 | €15,291 | €15,291 | €15,291 | €15,291 | = |
| Provisions for liabilities and charges160/5 | - | €15,291 | €15,291 | €15,291 | €15,291 | = |
| Other liabilities and charges164/5 | - | €15,291 | €15,291 | €15,291 | €15,291 | = |
| Amounts payable17/49 | €47,690 | €28,706 | €21,509 | €19,273 | €18,658 | ▼ 3.2% |
| Amounts payable after more than one year17 | €26,852 | €888 | - | - | - | - |
| Financial debts170/4 | - | €888 | - | - | - | - |
| Amounts payable within one year42/48 | €20,838 | €27,818 | €21,509 | €19,273 | €18,658 | ▼ 3.2% |
| Current portion of amounts payable after more than one year42 | - | €7,269 | €2,932 | - | - | - |
| Trade debts44 | €1,196 | - | - | - | €1,991 | - |
| Suppliers440/4 | - | - | - | - | €1,991 | - |
| Advances received on contracts in progress46 | - | - | - | €299 | €1,430 | ▲ 378% |
| Taxes, remuneration and social security45 | - | €2,704 | €5,494 | €3,149 | €4,363 | ▲ 38.6% |
| Taxes450/3 | - | €2,704 | €5,494 | €3,149 | €4,363 | ▲ 38.6% |
| Other amounts payable47/48 | - | €17,845 | €13,083 | €15,825 | €10,874 | ▼ 31.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,677 | -€8,819 | -€707 | €284 | €445 | ▲ 56.7% |
| + Depreciation and write-downs630 | €5,738 | - | - | - | - | - |
| Operating cash flow (approximation) | €12,415 | -€8,819 | -€707 | €284 | €445 | ▲ 56.7% |
| Change in cash | - | €2,045 | -€3,106 | €1,910 | -€381 | ▼ 120% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52028D0052/00H000 | Wallonia | 1,115 m² | 1 · 231 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 September 2026 · Peppol Directory
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